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Jan 20, 2023
01/23
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when i was in the raise the debt ceiling business, everyone in congress understood what the debt ceiling was. everyone understood that it was a must pass bill, and that is why we usually waited to the very last minute to raise the debt ceiling because at that point no one would dare try to tamper with it, adding amendment to it, or in any way complicate raising the debt ceiling because everyone understood if we fail to raise the debt ceiling, it really would be the end of the world economically. it would strike a devastating blow to the world wide economy with crushing economic catastrophe in the united states. we were raising the debt ceiling then in a senate controlled by democrats, with house of representatives controlled by democrats, and a democratic president in the white house, bill clinton. that meant that the republicans did not help us, but they never dreamed of blocking an increase in the debt ceiling. bob dole, the republican leader of the senate would never dream of putting a 60 vote procedural roadblock in the way of the debt ceiling bill. until the first time that we raise
when i was in the raise the debt ceiling business, everyone in congress understood what the debt ceiling was. everyone understood that it was a must pass bill, and that is why we usually waited to the very last minute to raise the debt ceiling because at that point no one would dare try to tamper with it, adding amendment to it, or in any way complicate raising the debt ceiling because everyone understood if we fail to raise the debt ceiling, it really would be the end of the world...
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Sep 7, 2017
09/17
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why not do a daily debt ceiling? the most important lesson of the day for republicans was delivered by an unnamed house republican in politico. it doesn't help our leadership to try to hold us republicans together on anything when they know the president will chop them off at the knees. on anything. that means the entire republican legislative agenda is now in serious danger. democrats have the republicans and the president exactly where they want them now, and they can't believe it was this easy. chuck schumer may be the first minority leader in history to have his first offer to the president of an opposing party accepted without a word of negotiation. what do you think that's going to do to chuck schumer's next first offer? he's going to push trump even harder the next time he has a first offer to make in the oval office. he's going to ask for much more. that's what happens when you cave as easily and immediately and completely as donald trump did today in the negotiation that never was. chuck schumer and nancy pe
why not do a daily debt ceiling? the most important lesson of the day for republicans was delivered by an unnamed house republican in politico. it doesn't help our leadership to try to hold us republicans together on anything when they know the president will chop them off at the knees. on anything. that means the entire republican legislative agenda is now in serious danger. democrats have the republicans and the president exactly where they want them now, and they can't believe it was this...
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Jan 10, 2013
01/13
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seven debt ceiling raises. white was just sort of -- everyone understood it would get raised and it was a time to remind people how big the debt was and nobody really took it seriously, press release. it was useful for that. once people started taking it seriously and said we are going to think about not paying the debt it bill absurd and it is -- it is absurd and it needs to be -- needs to go away or congress just needs to understand that that's the only use of it. a coin isn't going to solve that problem. looking at a darn corners of the constitution will not solve that problem. >> what is -- you know, the problem -- that -- republicans seem to have is it the leadership sort of knows that they really shun be playing politics of the debt ceiling. but the rank and file, they don't want any part of that. they want to play politics. >> this is the problem. this is my problem with people who are spending a lot of time, smart people. friends of ours who are spending a lot of time talking about the kooky ideas. you
seven debt ceiling raises. white was just sort of -- everyone understood it would get raised and it was a time to remind people how big the debt was and nobody really took it seriously, press release. it was useful for that. once people started taking it seriously and said we are going to think about not paying the debt it bill absurd and it is -- it is absurd and it needs to be -- needs to go away or congress just needs to understand that that's the only use of it. a coin isn't going to solve...
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Sep 18, 2013
09/13
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ceiling does not increase our debt. it does not somehow promote -- all it does is it says you've got to pay the bills you've racked up, congress. it's a basic function of making sure that the full faith and credit of the united states is preserved. and i've heard people say, well, in the past, there have been negotiations around raising the debt ceiling. it's always a tough vote because the average person thinks raising the debt ceiling must mean running up our debt, so people don't like to vote on it and typically, there's some guns in terms of making the president's party shoulder the burden and then there's some political campaign later that smacks around for saying, joe smith voted to raise the debt ceiling by $2 trillion and it soupds terrible and it's a fun talking point for politics, but it always gets done. if there is a budget package that includes the debt ceiling vote, it's not the debt ceiling that is driving the negotiations, it's stick into the budget negotiations because if you're going to take a bunch of
ceiling does not increase our debt. it does not somehow promote -- all it does is it says you've got to pay the bills you've racked up, congress. it's a basic function of making sure that the full faith and credit of the united states is preserved. and i've heard people say, well, in the past, there have been negotiations around raising the debt ceiling. it's always a tough vote because the average person thinks raising the debt ceiling must mean running up our debt, so people don't like to...
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Oct 1, 2013
10/13
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are they discounting likelihood of a possibility of a debt ceiling -- debt default that really would have catastrophic consequences? >> i think there is a misunderstanding between wall street and washington on this. there is an understandably general sense that these crises are always resolved at the last minute and that's probably right. but you'll have a bunch of wall street ceos in town tomorrow, that will go to the white house and talk to the president and go up to the hill and make phone calls. we cannot get close to the october 17th day because interest rates will start going up and markets will go down. there will be pressure there. tea party conservatives don't care what wall street says. i think the small group of moderate republicans and some wall street republicans that still exist, that argument will carry weight that it's dangerous to do this close to the dead limit. that may be the forcing mechanism. but we're talking about a shut down for two weeks that hits confidence any way and we have a economic hit regardless. it would be too bad if we waited until the october 17t
are they discounting likelihood of a possibility of a debt ceiling -- debt default that really would have catastrophic consequences? >> i think there is a misunderstanding between wall street and washington on this. there is an understandably general sense that these crises are always resolved at the last minute and that's probably right. but you'll have a bunch of wall street ceos in town tomorrow, that will go to the white house and talk to the president and go up to the hill and make...
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Jan 3, 2013
01/13
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. >> the debt ceiling. >> the debt ceiling is coming. >> no. >> the sequesters are coming. >> cue the next countdown clock. >> i will not have another debate with this congress. >> house republicans see it as a trump card. >> they should pay the bills they have already racked up. >> while they approve this deal to avert the fiscal cliff. >> last night the house of representatives failed. >> there was no deal to send money to the victims of hurricane sandy. >> lawmakers from new jersey were angry. >> last night it was my party responsible. >> they are leaving this party without help. >> congress. >> congress. >> congress. >> the laughing stock of the country. >> 66 days and counting, shame on you, shame on congress. >> all right, let's get a couple of things straight here, okay? first of all, there is nothing wrong with legislating at the last minute. in fact, on the big stuff, the politically difficult bills it is usually impossible to legislate before the last minute. now if you never found yourself going to the post office at the last minute with your tax return in hand, you may not
. >> the debt ceiling. >> the debt ceiling is coming. >> no. >> the sequesters are coming. >> cue the next countdown clock. >> i will not have another debate with this congress. >> house republicans see it as a trump card. >> they should pay the bills they have already racked up. >> while they approve this deal to avert the fiscal cliff. >> last night the house of representatives failed. >> there was no deal to send money to the...
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Jan 5, 2013
01/13
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ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the reporter that dug up fbi files on the movie star. [ male] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the eas
ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the...
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May 17, 2023
05/23
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they can't use the debt ceiling to negotiate. now donald trump treats that statement that he made as presidents as a joke. it is exactly the same way that rudy giuliani treats the law. we saw him treating the law as a joke publicly when he was lying his way through television interviews about overturning the presidential elections. in the new lawsuit filed against rudolph giuliani, if the allegations are true, we see rudolph giuliani treating laws against sexual harassment as a joke, treating lies against sexual assault as a joke. treating the crime of selling pardons as a joke. rudolph giuliani and donald trump have conditions trump supporting voters to believe it's all a joke, everything about government is a joke, the law is a joke, the debt ceiling is a joke. and now joe biden has to deal with the republican members of congress who believe that the debt ceiling is a joke. eight years ago, kevin mccarthy was running for speaker for the first time, and he had to drop out of the race. when he said this on fox, -- >> everybody th
they can't use the debt ceiling to negotiate. now donald trump treats that statement that he made as presidents as a joke. it is exactly the same way that rudy giuliani treats the law. we saw him treating the law as a joke publicly when he was lying his way through television interviews about overturning the presidential elections. in the new lawsuit filed against rudolph giuliani, if the allegations are true, we see rudolph giuliani treating laws against sexual harassment as a joke, treating...
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Aug 1, 2011
08/11
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the real issue we are facing in front of us is not a debt ceiling, raising the debt ceiling crisis. it is our debt crisis. this much debt when you only have roughly $2 trillion in revenue is unsustainable. we have to change the way washington spends our money. >> are you going to vote for this deal? >> i am not going to, no. a plan that doesn't cut spending doesn't solve the problem. when we hear about the cuts, it is based on roughly $10 trillion in increase. >> there is a provision in this bill, a trigger, if you will, that if this newly formed super committee can't come up with $1.5 trillion in cuts, it triggers very deep cuts in defend and medicare. are you worried about that? is that one of the reasons you won't vote for it? >> i am worried about the committee itself. i don't know why we would have to have another committee when we are all elected to do our jobs. that being said, my concern here is that we continue to grow the deficit and the debt. if we continue to spend the way we have been, our children, my children, your children won't be able to afford the debts that we ar
the real issue we are facing in front of us is not a debt ceiling, raising the debt ceiling crisis. it is our debt crisis. this much debt when you only have roughly $2 trillion in revenue is unsustainable. we have to change the way washington spends our money. >> are you going to vote for this deal? >> i am not going to, no. a plan that doesn't cut spending doesn't solve the problem. when we hear about the cuts, it is based on roughly $10 trillion in increase. >> there is a...
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Jan 5, 2013
01/13
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and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about fiscal sanity. we can reach fiscal sanity. we have been working very well toward that. but this is all about ideology and philosophy. >> you called speaker boehner courageous for sending the fiscal cliff bill to the floor. you know speaker boehner saw republican defections in the speaker vote this week, he has favored heavy criticism from tea partiers and others. do you suspect similar courage from boehner in the weeks ahead? >> i think he wants to be krajuous. it's really horrible when an example of bipartisanship causes such consternation in one party. boehner w
and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about...
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Jan 23, 2013
01/13
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. >> the short term raise for the debt ceiling. >> three-month extension of the debt ceiling. >> temporary extending for debt ceiling. >> what is the republican strategy here? >> three months is not good enough. >> they may not even vote for this. >> it is about time we come together, do our work. >> the partisan lines just got deeper. >> john boehner has an 18% approval rating. >> the debt that is crushing the future for our kids. >> this is a party, a retreat. >> a retreat of sorts. >> they may not even vote for this. >> it really is unacceptable. >> they will evolve or die, it is that simple. >> it will stand out as one of the great days. >> today marks 40 years. >> the 40th anniversary of roe v. wade. >> this allows a woman free choice. >> support for reproductive choice is at a record high. >> 54% believe abortion should be legal. >> there was an assault on women's access to reproductive health care. >> do i believe that the supreme court should overturn roe v. wade? yes. >> 70% say it should not be overturned. >> this is a deeply personal issue, one that should be made by women. >> w
. >> the short term raise for the debt ceiling. >> three-month extension of the debt ceiling. >> temporary extending for debt ceiling. >> what is the republican strategy here? >> three months is not good enough. >> they may not even vote for this. >> it is about time we come together, do our work. >> the partisan lines just got deeper. >> john boehner has an 18% approval rating. >> the debt that is crushing the future for our kids....
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Jan 1, 2013
01/13
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some democrats are angry that the debt ceiling has not been -- this fight over the debt ceiling that's not going to take place until two months has not been taken out of the equation. it is a remarkable site. nonetheless, with the caveat it may not be over yet. >> we've heard that he reached out to harry reid and nancy pelosi and he spoke with them about everything that was going to take place tonight. what else do we know with how he responded to what's happening? >> well, it's interesting. the president chose today to have one of those campaign-style events with ordinary americans in the white house and an auditorium in the white house compound today. the president sort of came out in a jovial, joking matter. he painted a picture of a deal that was all but done, but he got in a lot of jabs, subtle and otherwise, at republicans and really angered folks. john mccain said he didn't know whether he was sad or angered by what the president had said. cooler heads have obviously prevailed here. and we do know that the president had been on the phone working this, even though joe biden was s
some democrats are angry that the debt ceiling has not been -- this fight over the debt ceiling that's not going to take place until two months has not been taken out of the equation. it is a remarkable site. nonetheless, with the caveat it may not be over yet. >> we've heard that he reached out to harry reid and nancy pelosi and he spoke with them about everything that was going to take place tonight. what else do we know with how he responded to what's happening? >> well, it's...
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Jan 3, 2013
01/13
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we should not have a fight over the debt ceiling. the debt ceiling, as the president says, is simply agreeing to pay the bills that you voted to incur last year and the year before. to have a fight over that is to say the united states should throw the economy of the world into catastrophe. that should not happen. in order to avoid that disaster since the republicans are trying to use the debt ceiling to bl k blackmail the country say by saying it's a nice economy, pity to blow it up if you have don't pay our ran sam. dr ran some. -- ransom. >> you just said there should not be a fight over the debt ceiling but will there be? is there anything about the history of this issue that suggests there won't be a fight? >> there will be a fight unless the president takes it off the table by invoking his ability to say i'm going to ignore the debt ceiling when and if it -- when and if it says that we can't pay the bills that are lawfully incurred because that would violate the 14th amendment. if the president is willing to invoke the 14th ame
we should not have a fight over the debt ceiling. the debt ceiling, as the president says, is simply agreeing to pay the bills that you voted to incur last year and the year before. to have a fight over that is to say the united states should throw the economy of the world into catastrophe. that should not happen. in order to avoid that disaster since the republicans are trying to use the debt ceiling to bl k blackmail the country say by saying it's a nice economy, pity to blow it up if you...
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Jan 8, 2013
01/13
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that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. >>> john brennan is the man president obama nominated to run the cia. he is also the man who helped create america's policy of drone war fare. that is next. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure, or if, while on enbrel, you ex
that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. >>> john brennan is the man president obama nominated to run the cia. he is also the man who helped create america's policy of drone war fare. that is next. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower...
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May 16, 2012
05/12
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if we did not have a debt ceiling, what would we say then? this legislation doesn't have real meaning except that it is legislation that we imposed on ourselves and should not be there in the first place. >> let me point out our first read team says the gop is coordinating a well across the -- as well as they have in years, the entire gop message machine has turned toward the debt issue from boehner to romney to cross roads, that super pac, all in an effort perhaps to help romney strengthen his economic message as we move closer to november. is this all about helping romney pull out a victory if that is to happen? >> sure, that's what it is about. they feel if they can hurt obama's credibility, it will help romney. this is a made-up issue. we ought to be talking about job creation. what are we going to do for these students who are graduating, for students finishing high school, real college education, post secondary education be there for them. they don't care anything about a debt ceiling because it is a phantom. talk to any economist and a
if we did not have a debt ceiling, what would we say then? this legislation doesn't have real meaning except that it is legislation that we imposed on ourselves and should not be there in the first place. >> let me point out our first read team says the gop is coordinating a well across the -- as well as they have in years, the entire gop message machine has turned toward the debt issue from boehner to romney to cross roads, that super pac, all in an effort perhaps to help romney...
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Oct 2, 2013
10/13
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republicans are no doubt going to start talking about the debt ceiling, the debt ceiling. here's the problem. now you're starting to play a really dangerous economic and political game. and the consequences are far greater than political. and so you hope for reason, but i don't see any reason in the republican party. >> well, if john boehner isn't going to move, is there anybody else that could help move them? i want to play what michael grimm, another member of that coalition ready to deal, said this morning. >> my goal is to work with members like peter king and others to put a coalition together, you know, charlie dent has been at the forefront of this as well, to work with members like that to get enough members to go to leadership and say, listen, this is where we think we should go and this is our strategy. but all we can do is try. >> john, could members actually sway john boehner, a small, relatively small group of moderate members like that? >> the speaker has these guys on the left side of the caucus, you have the guys on the far right, he's got to balance somewh
republicans are no doubt going to start talking about the debt ceiling, the debt ceiling. here's the problem. now you're starting to play a really dangerous economic and political game. and the consequences are far greater than political. and so you hope for reason, but i don't see any reason in the republican party. >> well, if john boehner isn't going to move, is there anybody else that could help move them? i want to play what michael grimm, another member of that coalition ready to...
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Jan 5, 2013
01/13
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the one getting the most attention right now is the fight over the debt ceiling and the debt ceiling is like the nation's credit card. the nation has essentially maxed out at this point in time. so congress, the white house will have a bigeb
the one getting the most attention right now is the fight over the debt ceiling and the debt ceiling is like the nation's credit card. the nation has essentially maxed out at this point in time. so congress, the white house will have a bigeb
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Sep 9, 2012
09/12
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now we have the debt ceiling deal -- the debt ceiling microcosm with much higher stakes in the fiscal cliff that's going to happen, which is all the bush tax cuts expire, the sequestration goes into effect, a huge, huge, horrible shock to the economy if everything just -- all the taxes went up, the spending went down. we'd have this big effect. there's an argument to be made that's going to give the president leverage to deal with republican obstruction. i'm curious what you guys make of that argument. i want to be persuaded by it. >> well, i think it will give the president leverage. how that will be used is another question. i mean, we learned during the last fight over expiration of the tax cuts that the republicans were actually willing to do a lot to get the upper income tax cuts. they agreed to extensions of unemployment insurance, they agreed to continuation of payroll tax cut. so strategically the president has an opportunity he wouldn't have otherwise. the problem right now is everything he wants to do, like the jobs act, requires congressional action with the senate filibust
now we have the debt ceiling deal -- the debt ceiling microcosm with much higher stakes in the fiscal cliff that's going to happen, which is all the bush tax cuts expire, the sequestration goes into effect, a huge, huge, horrible shock to the economy if everything just -- all the taxes went up, the spending went down. we'd have this big effect. there's an argument to be made that's going to give the president leverage to deal with republican obstruction. i'm curious what you guys make of that...
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Apr 26, 2023
04/23
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ceiling, raise the debt ceiling. that's what president biden wanted to communicate here and had the opportunity to do that at the end of the comments we head toward the deadline with two sides very far apart the white house made its position clear >> never pass up an opportunity to question the president. you got some interesting answers. thank you very much, peter alexander, appreciate it. >>> up next, we told you about the legal drama between former florida governor ron desantis and disney disney just pushed back in a major way. we'll explain in 60 seconds. (seth) hi, cecily. i just switched my whole family to verizon. (cecily) oh, it's america's most reliable 5g network. (seth) and it's only $35 a line. (cecily) not that you're bragging. (vo) with verizon unlimited for $35 a line, your family now gets disney+, hulu, and espn+. all three included. verizon pods biggest sale of the year is now extended! save up to 30% on moving and storage. and see why pods has been trusted with... over 6 million moves nationwide. sa
ceiling, raise the debt ceiling. that's what president biden wanted to communicate here and had the opportunity to do that at the end of the comments we head toward the deadline with two sides very far apart the white house made its position clear >> never pass up an opportunity to question the president. you got some interesting answers. thank you very much, peter alexander, appreciate it. >>> up next, we told you about the legal drama between former florida governor ron...
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Sep 18, 2013
09/13
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is there a debt ceiling? >> there is a debt ceiling. and that limits the amount of money the united states can borrow. if we're going to continue on this spree of trillion deficits. it's going to be a good year, of course that sarcasm is bad. >> you know as well as i do that these bills have been passed. the costs haven about run up already. the bills have been signed by the president. what you're talking about is will you pay your debts or not. >> wait a second, chris. it's the same thing that governors have to do in the 50 states. if you have a regullegislature they're wrong and the spending exceeds the revenue then you have pro ray shun. >> there's no danger here of the unit going into default. >> i'm not saying there's no danger. there is a risk to our economy. and i hope that the president will understand that there is a bigger picture here and that bigger picture is whether or not the united states of america is going to continue on this path to insolvency and bankruptcy. that is a much bigger threat. >> what does he have to do to
is there a debt ceiling? >> there is a debt ceiling. and that limits the amount of money the united states can borrow. if we're going to continue on this spree of trillion deficits. it's going to be a good year, of course that sarcasm is bad. >> you know as well as i do that these bills have been passed. the costs haven about run up already. the bills have been signed by the president. what you're talking about is will you pay your debts or not. >> wait a second, chris. it's...
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Jan 8, 2013
01/13
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that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. ] up high! up high! [ sighs ] [ chuckles ] yo, give it up, dude! up high... ok. up high... ok. high! up high!!! ok ok that's getting pretty old. don't you have any useful apps on that thing? who do you think i am, quicken loans? [ chuckles ] at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. this great tool answers your home loan questions organizes your results, and lets you calculate with the confidence of a rocket scientist. you can even take notes and add photos of your favorite homes! it's the 21st century way to make your next home refinance or purchase easy. download it today from the app store or google play... the mortgage calculator by quicken loans... one more way
that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. ] up high! up high! [ sighs ] [ chuckles ] yo, give it up, dude! up high... ok. up high... ok. high! up high!!! ok ok that's getting pretty old. don't you have any useful apps on that thing? who do you think i am, quicken loans? [ chuckles ] at quicken loans, our amazingly useful mortgage calculator...
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Dec 11, 2012
12/12
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ceiling, you're going to need republican consent to raise the debt ceiling. instead of negotiating over the debt ceiling in january, they are intent of rolling it into these discussions right now. if you're going to include the debt ceiling in this, you are going to have to give something up to the republicans, something like raising the medicare eligibility. that's why if these reports are true, that's why it is in the mix. >> that's why the president said so emphatically last week, i will not play that game on the debt ceiling. it's not that he has any new cards to play. he said he won't do that. but i think, krystal, what he's saying he will do is, if you try to hold him up on the debt ceiling like steve just said, he will say to you, i will not do it and i will not negotiate on the debt ceiling and what his leverage is is sanity. his leverage is that everyone now knows that allowing it to crash is an insane act and they will not commit that insanity. >> i think it will be a lot harder for them. last time they were quite credible that they really would com
ceiling, you're going to need republican consent to raise the debt ceiling. instead of negotiating over the debt ceiling in january, they are intent of rolling it into these discussions right now. if you're going to include the debt ceiling in this, you are going to have to give something up to the republicans, something like raising the medicare eligibility. that's why if these reports are true, that's why it is in the mix. >> that's why the president said so emphatically last week, i...
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Aug 5, 2011
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for two weeks we were all focused on the debt ceiling. but we were not focused on what was really happening to growth in the united states. we were not really focused on what was happening in italy and spain which i know usually you see the numbers in italy and spain, your eyes glaze over -- nobody wants to care. yet that's really what's driving all of this right now. if those markets really tumble which they have, and there's real worries about what's happening in europe, the contagion issue is what's -- that is what's got people so nervous. and in a way because we were so focused on the debt ceiling, i think we missed that. then suddenly we got the debt ceiling deal and we woke up and said, oh, but there's always these other problems. >> and we know that angela merkel and sarkozy are having an emergency call this afternoon. so much of this comes from europe. is there a sense at all that some of this, what happens to the dow, is out of our hands and that it's coming from europe? >> sadly, i think there is some of that. there's no questio
for two weeks we were all focused on the debt ceiling. but we were not focused on what was really happening to growth in the united states. we were not really focused on what was happening in italy and spain which i know usually you see the numbers in italy and spain, your eyes glaze over -- nobody wants to care. yet that's really what's driving all of this right now. if those markets really tumble which they have, and there's real worries about what's happening in europe, the contagion issue...
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Jan 20, 2013
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let us raise the debt ceiling. no strings attached. and if the president can raise it as he should be able to and if congress wants to reject it 2/3. the mcconnell proposal is a good republican proposal. i hope you support it. that's the way to go. >> let me ask you a question. a bill that says regardless of what happens the debt ceiling, that the united states will never default on the debt. would you support that or not? >> i support the concept. i'd have to look at the bill. the best way to do that is the mcconnell act. >> we may have just made news. >>> last week, general colin powell was here worried about a dark vein of intolerance in republican parties in some quarters. you are part of a stream of new faces in the republican party, minority faces and voices in the party that seem to stand against that. how did you respond to it? >> well, i saw that interview. i respect general powell a great deal. i was disappointed with those comments. i think he was buying into some of the partisan attacks. if you look at this last election, f
let us raise the debt ceiling. no strings attached. and if the president can raise it as he should be able to and if congress wants to reject it 2/3. the mcconnell proposal is a good republican proposal. i hope you support it. that's the way to go. >> let me ask you a question. a bill that says regardless of what happens the debt ceiling, that the united states will never default on the debt. would you support that or not? >> i support the concept. i'd have to look at the bill. the...
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Oct 4, 2013
10/13
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if they do not up the debt ceiling, and soon. ahead of this government shutdown, last week, the great ezra klein posited that maybe if republicans got the government shutdown they wanted, that might scratch their itch. if you'd let them have a government shutdown, that might make them less likely to also want to force an economic default, which, of course, would be way, way, way worse than even the shutdown. i think of this as ezra's ya ya hypothesis, as in, let them get their ya yas out and then things might go back to normal. it does not seem like they're getting their ya yas out. today, john boehner got some headlines, like this one in "the new york times," "republicans say boehner vows to avert federal default." competent headline until you read what his office is actually saying in the article, which is that john boehner won't up the debt ceiling, in the same way that he won't fund the government. seems like what we have got now is a government shutdown. and what is as likely or more likely to be next is that disastrous defa
if they do not up the debt ceiling, and soon. ahead of this government shutdown, last week, the great ezra klein posited that maybe if republicans got the government shutdown they wanted, that might scratch their itch. if you'd let them have a government shutdown, that might make them less likely to also want to force an economic default, which, of course, would be way, way, way worse than even the shutdown. i think of this as ezra's ya ya hypothesis, as in, let them get their ya yas out and...
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Jul 26, 2011
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the republican plan would require two votes on the debt ceiling. the first vote would raise the debt limit by roughly $1 trillion before august 2nd, followed by a second vote in 2012 during the election year. both votes would require spending cuts in excess of the amount that the debt ceiling increase would be raised. here's how the house republican leader eric cantor described their new plan at a news conference at the capitol. >> we put out our plan as to what it is we want, the cut, cap, and balance last week, this plan is not that. you know, the president said that he wants a higher taxes and he wants a vote through the election. this plan doesn't have that in it. so it is a situation where no side gets all that they want. >> under the house republicans latest proposal, they get multiple debt ceiling votes, pending cuts without revenue increases, and cuts to the entitlement programs like medicare that democrats want to protect. the head of the non-partisan center, bob greenstein, issued a scathing verdict on this new republican plan. house spea
the republican plan would require two votes on the debt ceiling. the first vote would raise the debt limit by roughly $1 trillion before august 2nd, followed by a second vote in 2012 during the election year. both votes would require spending cuts in excess of the amount that the debt ceiling increase would be raised. here's how the house republican leader eric cantor described their new plan at a news conference at the capitol. >> we put out our plan as to what it is we want, the cut,...
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Jan 15, 2013
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but they want it separated from debt ceiling. >> let's talk about this debt ceiling thing, howard. do you think the press objectively can report the way the president tried to sell it, which is if this government can't pay its debts, refuses to pay it because of the debt ceiling, is that the republican decision or is it going to be played, conflict in washington, gridlock, both parties to blame? >> well, the president said in the press conference i think people will blame all of washington, but he didn't mean it. and he doesn't believe it. he thinks, and i think rightly thinks, that the political onus will be on the republicans. the president said we aren't a deadbeat nation, which is one of many great quotes in that press conference. >> i like that word, deadbeat. >> we aren't a deadbeat nation, and he said the republicans will turn us into a deadbeat nation if they do what they're threatening -- >> if somebody else objects to the question, if there's a different answer, i'll accept it. did the democrats ever play the game of not paying the bills of the united states government as
but they want it separated from debt ceiling. >> let's talk about this debt ceiling thing, howard. do you think the press objectively can report the way the president tried to sell it, which is if this government can't pay its debts, refuses to pay it because of the debt ceiling, is that the republican decision or is it going to be played, conflict in washington, gridlock, both parties to blame? >> well, the president said in the press conference i think people will blame all of...
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Oct 8, 2013
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by breaching the debt ceiling? and the reason we talk about the tea party is the core tea party caucus in your party that is saying essentially, like ted ohoe of florida cdid, we could breach the debt ceiling and it wouldn't be a big deal? do you agree with that? >> no, i think it would be a very big deal. but i also know that every major spending reduction legislation over the last 30 years has been done in conjunction with the debt ceiling. that's been true of both parties. it was true of ronald reagan, bill clinton, george herbert walker bush or even president obama. just a year-plus ago. and so our best opportunity to get our budget under control is in conjunction with the debt ceiling. frankly, because it's a big deal, the president should be negotiating with us to make sure it's not breached. we're losing days, because the president refuses to talk. >> do you agree that the affordable care act is part of nondiscretionary spending? >> well, i think parts of the affordable care act are part of nondiscretionary
by breaching the debt ceiling? and the reason we talk about the tea party is the core tea party caucus in your party that is saying essentially, like ted ohoe of florida cdid, we could breach the debt ceiling and it wouldn't be a big deal? do you agree with that? >> no, i think it would be a very big deal. but i also know that every major spending reduction legislation over the last 30 years has been done in conjunction with the debt ceiling. that's been true of both parties. it was true...
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Oct 6, 2013
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>> they have to mold this into the debt ceiling. why open it up and start renegotiations on the debt ceiling? there will be negotiations. american public doesn't want to seat debt ceiling raised willie nilly. they don't understand how it works but they recognize they're spending too much and there has to be some concessions there. >> you say it has to be now, it has to be reopening the government and raising the debt ceiling, they have to be one? >> i think it makes all the sense in the world. it allows them to change the narrative a little bit. this takes the pressure off to their republicans who represent tide water in northern virginia, those areas, the employees know they'll get paid, takes a lot of pressure off them, i get paid on time, but will get paid. putting pentagon workers back. that's half the problem. half the federal employees in that area. it takes some pressure off republicans. and congress in general to get this settled by doing this piece. >> you're talking about rolling that into one thing that would address both
>> they have to mold this into the debt ceiling. why open it up and start renegotiations on the debt ceiling? there will be negotiations. american public doesn't want to seat debt ceiling raised willie nilly. they don't understand how it works but they recognize they're spending too much and there has to be some concessions there. >> you say it has to be now, it has to be reopening the government and raising the debt ceiling, they have to be one? >> i think it makes all the...
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Sep 4, 2017
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ceiling, let's just have a clean vote on the debt ceiling, i don't think we should do a deal. remember if you go back just a few short years, the debt ceiling was raised with democrat and republican votes routinely. there was no big issue, no one tried to adopt any political poison pills in the bill. no one tried to fake advantage of the bill to get other things done. we need to raise the debt ceiling, it's important to our financial standing in the world, we have got to do it. do we also have to get our dealt under control, sure we do, but that's an issue for another day and an important issue. >> governor ed rendel, thanks for joining us on this labor day, we appreciate it. thinking about the residents of your city right now, search a lot of people having to sort of take stock of everything they have lost and rebuild their lives really, how are recovery efforts going so far in your area? >> you get into some of the smaller towns that were harder hit, like port aransass, rock port, there's still a lot of brush and debris, everybody's belongings whose house has been destroyed
ceiling, let's just have a clean vote on the debt ceiling, i don't think we should do a deal. remember if you go back just a few short years, the debt ceiling was raised with democrat and republican votes routinely. there was no big issue, no one tried to adopt any political poison pills in the bill. no one tried to fake advantage of the bill to get other things done. we need to raise the debt ceiling, it's important to our financial standing in the world, we have got to do it. do we also have...
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Jan 14, 2013
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ceiling or the debt limit. where do we go from here? joining me now live mark murray. mark, obviously, the first thing at least some conservatives brought up with the president is that he has taken a different stance in the past when it came to the debt ceiling. >> well, in 2006, then senator barack obama ended up voting against a raise in the debt ceiling. republicans have seized on that saying that the position that president obama's taking today and also in 2011 is inconsistent with that 2006 vote. there is one very big difference between now and 2006. 2006 there wasn't this kind of big protracted battle over the debt ceiling at all. it wasn't a big issue. i was covering politics for nbc at the time. the debt ceiling increase was seen as a procedure and a very partisan vote then but not something you were reporting on for weeks and months like we have in 2011 then and now on the debt ceiling debate and, of course, what happened in 2011 was a loss to the nation's credit rating. there's big differences between
ceiling or the debt limit. where do we go from here? joining me now live mark murray. mark, obviously, the first thing at least some conservatives brought up with the president is that he has taken a different stance in the past when it came to the debt ceiling. >> well, in 2006, then senator barack obama ended up voting against a raise in the debt ceiling. republicans have seized on that saying that the position that president obama's taking today and also in 2011 is inconsistent with...
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Nov 28, 2012
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debt ceiling. that's the limit for how much the country can borrow to pay for things. no politician ever likes to raise the debt ceiling. nobody likes to think the country has to borrow money, but we do. so in june of 2002 when that vote came up, he voted yes. let's raise the debt ceiling. it's the responsible thing to do. november 2004, john boehner voted to do it again under president bush to raise the debt ceiling. april 2005 at the start of bush's second term, john boehner votes in favor of raising the debt ceiling. so matter how opposed you might be to borrowing money, however, distasteful it is to you, everybody realizes as long as we are borrowing money, not raising the debt ceiling would be a very irresponsible thing to do. it would be a disaster for the country. everybody realizes that. mr. responsible himself, john boehner, realizes that. he says so. >> do you agree with administration officials and other economists that defaulting on the faith and credit of the united states would be a f
debt ceiling. that's the limit for how much the country can borrow to pay for things. no politician ever likes to raise the debt ceiling. nobody likes to think the country has to borrow money, but we do. so in june of 2002 when that vote came up, he voted yes. let's raise the debt ceiling. it's the responsible thing to do. november 2004, john boehner voted to do it again under president bush to raise the debt ceiling. april 2005 at the start of bush's second term, john boehner votes in favor of...
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Dec 6, 2012
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oh, debt ceiling, if i had to describe you in one word, it would be seducer. members of congress got together and gorged themselves at the table of deficit spending ordering up porterhouse sized tax cuts for their riff friends and a heaping helping of extended unemployment benefits for their out of work neighbors, something i support, by the way. now the bill comes due, and when it's time to whip out the national credit card, you whisper your sweet notion into the tea party's here and the gop threatens to dash as a matter of principle. who wants to put $16 trillion on the national credit card? who is pro-debt? no one. gop extremists get to pretend they're the adults in the room railing about spending that has already happened that they agreed to, and the best part you naughty, naughty, debt ceiling you, you offer them up a chance to get more goodies in the form of more tax cuts or the righteous thrill of cutting medicaid assistance from those obama-loving takers. for nearly 100 years now you were just this boring, nondescript wallflower, never drawing attentio
oh, debt ceiling, if i had to describe you in one word, it would be seducer. members of congress got together and gorged themselves at the table of deficit spending ordering up porterhouse sized tax cuts for their riff friends and a heaping helping of extended unemployment benefits for their out of work neighbors, something i support, by the way. now the bill comes due, and when it's time to whip out the national credit card, you whisper your sweet notion into the tea party's here and the gop...
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Jul 28, 2011
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ceiling, but it would have made clear the whole idea of his proposal was to ensure that the debt ceiling -- there would be no doubt that the debt ceiling would be raised in order for the united states to pay its bills into 2013. so, there are different ways to do this. our objection is to any proposal that puts us through this three-ring circus again in any short period of time, because it's already had significant negative impact on the economy. it would only have even more and more severe negative impact on the economy. the reason why we talk about the holiday season is because as constructed now, the measure that the speaker of the house has put forward would almost certainly require this -- all of us -- to go through this again before the end of the year. in the most important economic season in the country and at a time when people don't want to worry about whether or not their interest rates are going to go up, their mortgage payments and car payments and student loan bills and their credit card payments, especially if they're buying gifts for the holidays. if we care about the eco
ceiling, but it would have made clear the whole idea of his proposal was to ensure that the debt ceiling -- there would be no doubt that the debt ceiling would be raised in order for the united states to pay its bills into 2013. so, there are different ways to do this. our objection is to any proposal that puts us through this three-ring circus again in any short period of time, because it's already had significant negative impact on the economy. it would only have even more and more severe...
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Jul 31, 2011
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limit -- debt ceiling limit to a reasonable conclusion. otherwise they lose the good media on it, as well. and they're threaten to go do so because they're so in-transietr. it can't be my way or the highway. they're ruining the highway for any of us to travel on. >> we'll talk more. both guys will come back. the numbers get very complicated as we were talking about with luke russert. but we do expect there could be a vote in the senate. we're waiting to hear what comes out of the call if it happens. and it's possible we could also hear from the president tonight. and tell me what you just had to say, pick? we have comments from nancy pelosi now. we'll get them for you on the other side. just one phillips' colon health probiotic cap a day helps defends against occasional constipation, diarrhea, gas and bloating. with three strains of good bacteria to help balance your colon. you had me at "probiotic." [ female announcer ] phillips' colon health. dr. scholl's custom fit orthotic center recommends the custom-fit orthotic that's best for your
limit -- debt ceiling limit to a reasonable conclusion. otherwise they lose the good media on it, as well. and they're threaten to go do so because they're so in-transietr. it can't be my way or the highway. they're ruining the highway for any of us to travel on. >> we'll talk more. both guys will come back. the numbers get very complicated as we were talking about with luke russert. but we do expect there could be a vote in the senate. we're waiting to hear what comes out of the call if...
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Aug 18, 2011
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he just made a mistake of wasting two months completely offtopic with the debt ceiling and the debt. he's pivoting and pivoting hard. i would argue that number will go up. the question is 35 or 45? that we'll have to see. he's got some fight back on him. >> let's go to congress, he spoke about needing to work with congress, and the congress is split, to create jobs. that requires a working relationship as in previous administration this is the way he's still talking about compromise. let's listen. >> there's something we can help on, but frankly we can do more if we have congress's cooperation. those are proposals that historically have had support from republicans and democrats. eisenhower build the highway system. last time i checked he was a popular president. this is what i mean by politics getting in the way. you can't bring an attitude that says i would rather see my opponent lose than america win. you can't have that attitude. >> i don't know. >> well, here's my view of it. i think his at -- i know he wants to be harry truman and run against the do-nothing congress, but he nee
he just made a mistake of wasting two months completely offtopic with the debt ceiling and the debt. he's pivoting and pivoting hard. i would argue that number will go up. the question is 35 or 45? that we'll have to see. he's got some fight back on him. >> let's go to congress, he spoke about needing to work with congress, and the congress is split, to create jobs. that requires a working relationship as in previous administration this is the way he's still talking about compromise....
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Jul 25, 2011
07/11
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he didn't say it about raising debt ceiling, he said it about the debt and deficit. this is a big deal and we should be moving on beyond politics. the difficulty is, i don't poe who will start doing that. we did it in the house last week when we had something bipartisan. in the white house now, we hear something, we have to do something to get us past the next election. mitch mcconnell, a member of my own party, i respect him, but giving to the president -- folks of all side that want it make politics out of this, there is a group in the middle that is finding something that actually will work. we had that last week with cap, cut and balance. >> congressman, i'm so happy you asked the question, where have we been. i will show you two graves where we been. under george bush, you said where we been the last ten years, under george bush we spent $5.7 trillion. we were out there saying don't spend money on a war where you don't have weapons of mass destruction. we say, don't give tax cuts to the wealthy. under president obama we have only spent $1.44 trillion. so we've b
he didn't say it about raising debt ceiling, he said it about the debt and deficit. this is a big deal and we should be moving on beyond politics. the difficulty is, i don't poe who will start doing that. we did it in the house last week when we had something bipartisan. in the white house now, we hear something, we have to do something to get us past the next election. mitch mcconnell, a member of my own party, i respect him, but giving to the president -- folks of all side that want it make...